Mazagon Dock Shipbuilders Ltd reinforces Interim Dividend strategy with latest announcement for 2024

3 min read Last Updated : 2025-02-17T13:39:54Z
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Mazagon Dock Shipbuilders Ltd

Ship Building & Allied Services

0.66%

Div. Yield

28.53%

Payout Rat.

Mazagon Dock Shipbuilders Ltd has announced an Interim Dividend of ₹23.19 per share for the year 2024. Shareholders need to own the shares on or before October 29, 2024 to be eligible for the announced dividend. The stock is currently priced at ₹4012.45.

The latest dividend follows a previous Final Dividend paid in 2024, amounting to ₹12.11 per share. The company’s dividend payout ratio of 28.53% reflects its approach to distributing profits. At 0.66%, the dividend yield indicates the return based on the stock's current price.

Dividend Yield History

YearYield
20240.29%
20230.31%
20222.44%
20212.48%

Dividend Payment History

Ex-Div DateAmountTypeShare Price
October 29, 2024₹23.19Interim Dividend₹4012.45
September 18, 2024₹12.11Final Dividend₹4178
November 19, 2023₹15.34Interim Dividend₹1968.85
September 19, 2023₹6.86Final Dividend₹2198.75
November 20, 2022₹9.10Interim Dividend₹818.95
September 18, 2022₹1.63Final Dividend₹430.45
January 5, 2022₹7.10Interim Dividend₹291.25
September 19, 2021₹1.83Final Dividend₹256.85
February 21, 2021₹5.41Interim Dividend₹218.3

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FAQs

  • What is the latest dividend declared by Mazagon Dock Shipbuilders Ltd?

    Mazagon Dock Shipbuilders Ltd has declared dividend worth ₹23.19

  • When is the ex-dividend date for the latest dividend declared by Mazagon Dock Shipbuilders Ltd?

    Mazagon Dock Shipbuilders Ltd has declared dividend on October 29, 2024

  • What is the dividend yield for Mazagon Dock Shipbuilders Ltd as of today?

    As of February 17, 2025, the dividend yield for Mazagon Dock Shipbuilders Ltd is 0.66%

  • What is the most recent dividend payment amount for Mazagon Dock Shipbuilders Ltd?

    The most recent dividend payment for Mazagon Dock Shipbuilders Ltd was ₹23.19 per share.

  • What is Mazagon Dock Shipbuilders Ltd's dividend payout ratio?

    The current dividend payout ratio for Mazagon Dock Shipbuilders Ltd is 28.53%